Broker
JLT Towers Re Bermuda launches following acquisition
JLT Towers Re has launched a combined operation in Bermuda following JLT Re’s acquisition of Towers Watson Re’s global operations.
Aon pair jump ship to join Miller marine team
Miller has appointed Heather Clarkson and Rick Kerr in a bid to bolster its marine hull business production, broking and account handling capabilities.
Bluefin appoints Potter to manage Bournemouth branch
Bluefin has appointed Adrian Potter as branch manager of its Bournemouth office.
Broker Network extends Zurich partnership
Broker Network has renewed its partnership deal with Zurich – a relationship that has lasted more than 15 years.
Willis' Hearn appointed Liiba chair
Willis Group’s deputy chief executive officer Steve Hearn has been elected chairman of the London & International Insurance Brokers’ Association.
Swinton Commercial acquires Cleethorpes-based consultant
Swinton Commercial has purchased Cleethorpes-based CH Turner Insurance Consultants.
Miller recruits former Willis energy specialist
Miller is seeking to expand its downstream energy business with the appointment of a former Faber Global broker.
Brokers Link targets members in four more Asia countries
International broker group Brokers Link wants to expand its reach to Cambodia, Brunei, Myanmar and Laos to have a presence in all ten ASEAN countries.
Plum continues Irish roll-out with non-standard home cover
Specialist household insurance provider Plum Underwriting has started writing non-standard and mid net worth household in the Republic of Ireland.
Political risk cover becoming difficult in Ukraine and Russia, says Marsh
Insurers are pulling out of the political risk market in Russia and the Ukraine according to political risk experts at Marsh with existing policyholders facing increases on renewals.
Jelf Manson recruits Askew as North West director
Manchester broker Jelf Manson has appointed former CBG Group managing director Mike Askew as a new director for the North West region.
Premium rise likely if add-ons changes implemented
The Financial Conduct Authority’s proposed changes to the way general insurance add-ons are sold could spell the end of competitive introductory premiums, accountancy firm Moore Stephens says.
Liberty Mutual Europe denies Access BI connection
Liberty Mutual Insurance Europe has written to brokers denying any connection with underwriting agency Access BI, Post’s sister title Insurance Age has revealed.
Add-ons remedies to help level playing field for brokers, Biba says
The British Insurance Brokers’ Association has called the Financial Conduct Authority’s suggested remedies to its market investigation into add-ons a sensible first step.
Managing General Agents: Tightening up
Most sectors of the insurance industry audibly groan when presented with the possibility of increased regulation – so why are managing general agents welcoming the prospect?
Catlin to honour unapproved Access BI policies
Catlin is to honour insurance policies that were issued without approval by underwriting agency Access BI prior to an intervention from the Financial Conduct Authority.
Kerry London posts 25% rise in Ebitda
Broker Kerry London Group posted a 25% rise in Ebitda from £1.8M to over £2.3M in 2013.
FP Marine buys rival broker in Hong Kong
FP Marine Risks, which is 55% owned by Hyperion, is in advanced negotiations to acquire the assets and staff of Risk Exchange a marine broker also based in Hong Kong.
Thomas named Asia head of claims at Willis
After 11 years Neil Thomas has moved from Willis' energy and property claims team to become head of claims, Asia at the international broker.
BIA Countdown: Industry stalwart Gerry Loughney on 20 years of the BIAs
Since their inception, the British Insurance Awards have become the unrivalled badge of excellence for the insurance sector, raising standards across the industry through their showcasing of best‑of‑breed performance and innovation.
C-Suite - MGA: Small can be beautiful
There are clear benefits in staying small, rather than blindly rushing to consolidate.
Penny speed meets... Kevan Aubrey, head of commercial distribution, LV Broker
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
C-suite - Broker: Bring on the polymaths
My neighbour Lizzy Yarnold just won an Olympic gold medal. From what I know of her, I am convinced that if she had not won gold for the skeleton in Sochi, she would have won a gold medal in something else, somewhere else.
Market Moves - 13 March 2014
Post takes a look at who has moved where in the insurance industry this week.